Research conducted by Dodge Data & Analytics and McKinsey & Company recently identified keeping a project on schedule and cost control as the two most highly valued performance metrics for owners in construction. However, the same data reveals 53% of typical construction projects are completed behind schedule and 66% are completed over budget.
With dismal numbers like that, it is no surprise to see drones becoming a day-to-day tool on construction sites of all sizes.
Remote Monitored Systems plc (LON:RMS) is focused on the continued development of the Company’s ‘Survey & Inspection’ business. RMS also has a majority interest in GyroMetric Systems Limited, which develops and manufactures digital monitoring and safeguarding systems for rotating shafts. In addition the Company is implementing an enhanced growth strategy via the appraisal of complementary acquisition or investment opportunities. This is in line with the Company’s stated objective to achieve improved financial performance in the near term.